page_title: Tencent
section_title: Corporate governance
hierarchical_section_title: Tencent / Corporate governance
caption_attribution_description: English: President of Tencent
context_page_description: Tencent Holdings Ltd is a Chinese multinational conglomerate holding company, founded in 1998, whose subsidiaries specialise in various Internet-related services and products, entertainment, artificial intelligence and technology globally. Its twin-skyscrapers headquarters Tencent Seafront Towers are based in Nanshan District, Shenzhen.
  Tencent is the world's largest video game company, one of the world's most financially valuable companies, one of the world's largest social media companies, and one of the world's largest venture capital firms and investment corporations. Its services include social network, music, web portals, e-commerce, mobile games, internet services, payment systems, smartphones, and multiplayer online games. Offerings in China include the instant messengers Tencent QQ and WeChat, and one of the largest web portals, QQ.com. It also owns the majority of Global's music services, with more than 700 million active users and 120 million paying subscribers.
  The company surpassed the market value of US$500 billion in 2018, becoming the first Asian technology company to cross this valuation mark.
context_section_description: Tencent's largest shareholder is Prosus (majority owned by Naspers), which owns 30.99% shares. However, Ma Huateng, co-founder of Tencent, still owns a significant stake.
  Tencent's headquarters is currently the Tencent Binhai Mansion, also known as the Tencent Seafront Towers, which is located in Shenzhen's Nanshan District. In addition to its headquarters in Shenzhen, Tencent also has offices in Beijing, Shanghai, Chengdu, and Guangzhou.
  Tencent has a unitary board consisting of Tencent co-founder, CEO, and chairman Ma Huateng, also known as Pony Ma, executive director and President of Tencent Martin Lau, non-executive directors Jacobus "Koos" Bekker and Charles Searle of Naspers, and independent non-executive directors Li Dongsheng, Iain Bruce, Ian Stone, and Yang Siushun.
caption: Martin Lau, who helped with the company's IPO as an investment banker at Goldman Sachs, is currently Tencent's president.
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